Moriarte
Immortal
- Joined
- May 10, 2012
- Messages
- 2,484
I was thinking where to acquaint wonderful people of CFC with interesting developments in crypto space and it dawned on me we haven’t got a general thread! We do have bitcoin and El Salvador threads, but both are relatively narrow manifestations of a much larger process, which is unfolding in the world at a formidable pace, right now. So, you have a critique, a rant, a question, a comment, would like to share news? A fresh crypto joke? You are welcome to do it here.
Few years back I channeled my love for IT, which was building up since I was ~13, into constructing few crypto “farms”. The process and the possibilities ahead blew me away back then and I still maintain there is considerable merit to be had from digitalising our economies in the way bitcoin and it’s successors are proposing. Cryptography, infrastructures, the currencies, interoperability, governance - are complicated, technical topics, where only a small esoteric group of techies dispersed around the world really know what they are talking about. On top of that, as it goes, there dwell a million con artists pitching crypto kitties, NFT’s and other pyramid schemes.
Here’s a piece news that caught my attention today:
https://cointelegraph.com/news/federal-high-court-of-nigeria-approves-enaira-cbdc-rollout
Oh, and since CFC is a democracy, let’s have a poll!
Few years back I channeled my love for IT, which was building up since I was ~13, into constructing few crypto “farms”. The process and the possibilities ahead blew me away back then and I still maintain there is considerable merit to be had from digitalising our economies in the way bitcoin and it’s successors are proposing. Cryptography, infrastructures, the currencies, interoperability, governance - are complicated, technical topics, where only a small esoteric group of techies dispersed around the world really know what they are talking about. On top of that, as it goes, there dwell a million con artists pitching crypto kitties, NFT’s and other pyramid schemes.
Here’s a piece news that caught my attention today:
https://cointelegraph.com/news/federal-high-court-of-nigeria-approves-enaira-cbdc-rollout
This comes days to its official launch on October 1st as earlier disclosed by the Central Bank of Nigeria governor, Godwin Emefiele.
The site, on its welcome note, said the eNaira is a Central Bank of Nigeria-issued digital currency that provides a unique form of money denominated in Naira. It reads:
“eNaira is a Central Bank of Nigeria-issued digital currency that provides a unique form of money denominated in Naira. eNaira serves as both a medium of exchange and a store of value, offering better payment prospects in retail transactions when compared to cash payments. eNaira has an exclusive operational structure that is both remarkable and nothing like other forms of central bank money.”
Oh, and since CFC is a democracy, let’s have a poll!